What stops InvestNow raising their withdrawal fees in the future?
InvestNow charges a 0.5% fee for buying and selling investments/KiwiSaver. What stops them from in the future increasing the fee to 1% or higher while your money is in there?
In theory another investment provider like Kernel could also add a similar withdrawal fee, but it seems much easier and more straightforward for InvestNow to raise an existing fee than for another provider to add a new one.